Emergency oil release decided by G7

Source: European Commission (video statements)

#news #oil #energy #security #G7 #EuropeanCommission
The Leaders of the G7, convened a virtual meeting to address the deepening challenges to the world’s energy security.
They agreed on an organised release through the International Energy Agency of 100 million barrels (MB) to begin immediately over four months.

Find more about the statement here:
G7 Leaders’ Statement on global energy security and market stability

Watch on the Audiovisual Portal of the European Commission:

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https://www.youtube.com/shorts/z4GFHCLvVmk

UN Chief on World Habitat Day 2026 | United Nations

Source: United Nations (video statements)

Message from António Guterres, United Nations Secretary-General, read by Anacláudia Rossbach, Under-Secretary-General and Executive-Director of the United Nations Human Settlements Programme (UN-Habitat) at the World Habitat Day 2026 – "Adequate Housing for All" (Muscat, Oman).

"Adequate housing is the foundation of dignity, security, and opportunity.

Yet more than 3 billion people are denied this universal human right. Over 1 billion live in informal settlements and slums, and many more experience homelessness or have been displaced by conflict, disasters, and climate change.

Investing in adequate housing and transforming informal settlements reduces poverty, tackles inequality, builds climate resilience, and fosters peaceful and inclusive societies.

This demands coordinated action at every level, with national and local governments shaping bold policies, building partnerships, and grounding decisions in sound data. The international financial architecture must also be reformed to mobilize the adequate, predictable, and affordable financing developing countries need to invest in housing at scale.

On this World Habitat Day, let us treat housing as a public good and build a world where everyone has a place to call home."

https://www.youtube.com/watch?v=ifOn4oY6NtE

World Habitat Day 2026: Adequate housing for all | United Nations

Source: United Nations (video statements)

This year’s World Habitat Day puts the focus on one of the defining development challenges of our time: ensuring adequate housing for all. We are living through a global housing crisis affecting up to 3.4 billion people, including more than 1.1 billion people living in informal settlements and slums.

The theme video for the global observance of World Habitat Day 2026 in Muscat, Oman, explores what adequate housing means for people, communities and cities around the world, and why a home is much more than a roof over our heads.

World Habitat Day website: https://urbanoctober.unhabitat.org/whd

https://www.youtube.com/watch?v=QRB9TSQu608

Live – ECB Conference on Monetary Policy 2026 (Day 1)

Source: European Central Bank (video statements)

“ECB Conference on Monetary Policy 2026: bridging science and practice”, Monday, 5 and Tuesday, 6 October 2026, Frankfurt am Main (Hybrid event).

The 9th Conference on Monetary Policy features once more an impressive academic line-up and is held as a hybrid event. The three conference sessions tackles issues related to monetary policy, including the role of financial markets and financial intermediaries in monetary policy transmission, and with relation to the current situation of elevated economic and geopolitical uncertainty. A special session showcases monetary policy related research by young economists.

See the conference programme here:
https://www.ecb.europa.eu/press/conferences/html/20261005_monetary_policy_conf.en.html

10:00-11:00
Keynote speech: Diagnostic challenges for monetary policy
Philip R. Lane, Member of the Executive Board of the European Central Bank

11:30-13:00
Session 1
Monetary policy and inflation
Chair: Sujit Kapadia, European Central Bank

11:30-12:15
Productivity and Inflation Dynamics
Jenny Chan*, Bank of England
Co-Authors: Silvana Terneyro, Ludovica Ambrosino
Discussant: Evi Pappa, Universidad Carlos III de Madrid

12:15-13:00
Risks and Uncertainty in Monetary Policy
Domenico Giannone*, Johns Hopkins University
Discussant: Juan Rubio-Ramírez, Emory University

14:30-16:00
Session 2
Monetary policy, credit and banking
Chair: Carlo Altavilla, European Central Bank

14:30-15:15
Dynamic Competition for Sleepy Deposits
Adi Sunderam*, Harvard Business School
Co-Authors: Mark Egan, Ali Hortacsu, Nathan Kaplan, and Vincent Yao
Discussant: Simone Lenzu, Cambridge University

15:15-16:00
Bank Runs with and without Failure
Stephan Luck*, Federal Reserve Bank of New York
Co-Authors: Sergio Correia, Emil Verner
Discussant: Elena Carletti, Bocconi University

16:30-17:30
Keynote speech:
Valery Ramey, Stanford University
Chair: Roberto Motto, European Central Bank

17:30
Closing remarks and end of day 1

https://www.youtube.com/watch?v=An7-K5w2aBA

Intangible Yet Real: Spillovers From Corporate Income Taxation

Source: International Monetary Fund – IMF (video statements)

Corporate income tax changes do not stop at national borders. Join IMF’s Carolina Osorio Buitron, UCLA’s Kimberly Clausing, Pierre Bachas of the World Bank, and Andres Knobel of the Tax Justice Network on Monday, October 5, 2026, at 9:00 AM ET for the launch of our new World Economic Outlook research on how these spillovers shape investment, tax revenues, and output across economies.

The discussion will examine how globalization and the growing importance of intangible assets have transformed corporate income taxation, and how profits and activity may be realigning.

https://www.imf.org/en/publications/weo/issues/2026/10/13/world-economic-outlook-october-2026?cid=sm-com-yt-am26-WEOEA20206002

https://www.youtube.com/watch?v=xrObUTHGbC0

South Africa Government: President Ramaphosa participates in the plenary of the 8th AU Mid-Year Coordination Meeting, Egypt

Source: Republic of South Africa (video statements)

His Excellency President Cyril Ramaphosa participates in the plenary of the 8th African Union Mid-Year Coordination Meeting in El-Alamein, Egypt, as the Chairperson of the Southern African Development Community.

The High- Level engagement considers progress on continental integration, the implementation of the African Continental Free Trade Agreement and efforts to advance infrastructure development, peace and security across the continent.

https://www.youtube.com/watch?v=DsCilGBJ5ok

South Africa Government: President Ramaphosa and Mahmoud Ali Youssouf , Chair of the AU Commission, hold a bilateral meeting.

Source: Republic of South Africa (video statements)

His Excellency President Cyril Ramaphosa and His Excellency Mahmoud Ali Youssouf , Chairperson of the African Union Commission, hold a bilateral meeting on the margins of the 8th African Union Mid-Year Coordination Meeting in El-Alamein, Egypt.

The AU Mid-Year Coordination meeting bring together Heads of State and Government of the AU Bureau, Chairpersons of the Regional Economic Communities (RECs) and the Regional Mechanisms (RMs), heads of the AU Organs and development partners, including United Nations Economic Commission for Africa (UNECA) and the African Development Bank (AfDB).

The High- Level engagement considers progress on continental integration, the implementation of the African Continental Free Trade Agreement, and efforts to advance infrastructure development, peace, and security across the continent.

https://www.youtube.com/watch?v=OctBUYVCmfc

South Africa Government: 🇿🇦 President Ramaphosa spurs on Bafana Bafana ahead of the international friendly against Egypt.

Source: Republic of South Africa (video statements)

🇿🇦 President Cyril Ramaphosa spurs on Bafana Bafana ahead of the international friendly against The Pharaohs of Egypt at Cairo International Stadium.

Bafana Bafana’s spirited winning form in the African Cup of Nations qualifiers has won South Africans confidence and ambition in reaching greater heights under the tutelage of newly minted Coach Pitso Mosimane, and the recently mandated SAFA administration led by Dr. Danny Jordaan.

President Cyril Ramaphosa participated at the 8th African Union Mid-Year Coordination Meeting on a working visit to the Arab Republic of Egypt. South Africa signed agreements with Egypt to establish the Binational Commission and inaugurated the Joint Business Council.

https://www.youtube.com/watch?v=5iaNU3sX8lM